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Pearce Hammond of Simmons Piper Jaffray asks about the driver for the steep decline in LOE and the sustainability of those cost declines. $APA CEO John Christmann replied that a lot of it is timing of how things came up in 1Q16. He added there was a big drop in a couple of areas, which is not something that will be there for the rest of the year.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.